China's Economic History Quiz

<p>Quan Xuesen (C)</p> Signup and view all the answers

<p>Zhu Rong (B)</p> Signup and view all the answers

<p>2020 (A)</p> Signup and view all the answers

<p>Zu Chongzhi (D)</p> Signup and view all the answers

<p>400 km/hr (D)</p> Signup and view all the answers

<p>Song Dynasty (B)</p> Signup and view all the answers

<p>Feudal landlord led private land ownership (A)</p> Signup and view all the answers

<p>Deng Xiaoping (A)</p> Signup and view all the answers

<p>Establishment of Special Economic Zones (C)</p> Signup and view all the answers

<p>Clear waters and green mountains are as valuable as mountains of gold and silver (C)</p> Signup and view all the answers

<p>People's Bank of China (D)</p> Signup and view all the answers

<p>2001 (C)</p> Signup and view all the answers

<p>To balance economic growth across regions (D)</p> Signup and view all the answers

The Song Dynasty, which flourished from the 10th to the 13th century, witnessed a remarkable peak in Chinese industrial development. This era saw advancements in technology, trade, and economic productivity, making it a golden age of economic prosperity in Chinese history.

The economic system of ancient China was characterized by a feudal land ownership model, where powerful landlords controlled vast tracts of land. This system often led to a self-sufficient and natural economy, with limited trade and a reliance on agricultural production.

The policy of "Reform and Opening-up" was a significant shift in China's economic strategy, implemented in 1978 under the leadership of Deng Xiaoping. This policy facilitated a transition from a centrally planned economy to a more market-oriented system, opening the country up to foreign investment and global trade.

The "Three Represents" principle is a key concept in China's political ideology. It emphasizes the need for the Communist Party of China (CPC) to represent not only the working class but also the interests of the broad masses of the people, including entrepreneurs and intellectuals.

The concept of "Clear waters and green mountains are as valuable as mountains of gold and silver", proposed by Xi Jinping, stresses the importance of environmental sustainability and ecological conservation in China's pursuit of economic development. It signifies that environmental protection is as important as material wealth

The "Western Development Strategy" is a proactive policy implemented by the Chinese government, focusing on developing the western region of China. This strategy aims to leverage economic growth in the eastern coastal areas to boost economic and social development in the western region, while also strengthening national defense.

The "Belt and Road Initiative", proposed by Chinese President Xi Jinping in September and October 2013 is a grand economic development strategy that aims to improve infrastructure and facilitate trade and cultural exchange between China and other countries along ancient trade routes. It is composed of two major components: the Silk Road Economic Belt and the 21st Century Maritime Silk Road.

The People's Bank of China (PBOC), also known as the Central Bank of China, functions like the central bank of other nations. Its primary responsibilities include managing the nation's currency, setting monetary policy, and ensuring the stability of the financial system.

Cai Lun, a notable figure from the Han dynasty, made significant improvements to the papermaking process. His innovations revolutionized how paper was produced, making it more accessible and widely used.

Bi Sheng, a brilliant inventor from the Song dynasty, is credited with creating the first movable type printing system in the world. This groundbreaking technique utilized individual characters for printing, revolutionizing the way information was disseminated across the then-vast empire.

The "Si Nan" is a simple compass device created by ancient Chinese during the Warring States period. It served as a rudimentary tool for determining direction, setting the foundation for later compass advancements.

The "Luo Pan", a sophisticated compass developed during the Song dynasty, marked a significant leap in navigational technology. This magnetic compass was a step forward, offering a more precise and reliable means of determining direction.

Taoist alchemists, in their pursuit of finding the elixir of immortality, stumbled upon a powerful explosive substance: gunpowder. They experimented with various chemical mixtures in their search for eternal life, inadvertently discovering this formidable substance.

Zhang Heng, a brilliant scientist and inventor, created the world's first seismograph, known as the "Di Dong Yi" in the 2nd century AD. This device was able to detect and indicate the direction of earthquakes with remarkable precision.

Deng Xiaoping, a paramount leader in China, famously declared that "Science and technology are the primary productive forces." This statement reflects his emphasis on the critical role of innovation and scientific progress for economic growth and national development in modern China.

In 1964, China achieved a significant milestone by successfully detonating its first nuclear bomb. This event marked China's entry into the exclusive club of nuclear-powered nations and elevated its global standing.